In 2006, Paul Graham wrote a great post wherein he concluded that Web 2.0 was a credible term because it meant “using the web the way it's meant to be used.” I think this is a good lens to interpret the term Web3, and why it is still a useful term, in-spite of its baggage and any associated misdirection.  

By Li Jin, Geoff Hamilton, Jesse Walden, Spencer Noon, Derek Walkush and Medha Kothari

Before tech, I was an artist manager in music. When I started the firm, I believed one thing about the music industry very firmly: ownership endows power. Typically, labels had ownership over the music, and thus, power over artists.